LiDAR market was valued USD at 1.39 Billion in 2015 and is estimated to reach USD 3.22 Billion by 2022, at a CAGR of 12.4% between 2016 and 2022. The market growth is attributed to the encouragement of government and institutes for adoption of LIDAR.

Key Topics Covered:

This report includes the market statistics pertaining to LiDAR type, component, service, application, and geography along with their respective revenues.

The Porter's five forces framework has been utilized along with the value chain analysis to provide an in-depth insight into the LiDAR market.

Major drivers, restraints, and opportunities for the LiDAR market have been detailed in this report.

Illustrative segmentation, analyses, and forecasts for the market based on LiDAR type, component, service, application, and geography have been conducted to give an overall view of the LiDAR market.